Autodesk downgraded to Hold from Buy at Jefferies Jefferies downgraded Autodesk after its channel survey indicated weakening demand trends. The firm lowered its price target for shares to $34 from $39.
Autodesk reseller checks weak, says Pacific Crest Pacific Crest said Autodesk reseller checks are week with one month left in Q2, as most resellers are behind target. The firm said the results are not likely to surprise as expectations are low and remains a buyer long-term. Pacific Crest rates Autodesk an Overweight.